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January 30, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Economy – December real retail sales surprised on the upside
Food sales remain in negative territory; however the base effect should help food sales from January onwards and will become tougher for non-Food sales.
January 30, 2023
António Seladas, CFA
António Seladas, CFA
Portuguese Economy: Economic Sentiment Indicator
The Euro Area continues to improve, ESI is reaching figures not seen since July/22; the third increase in a row. Meanwhile, in Portugal, ESI also improved sequentially, despite higher mortgage interest rates
January 30, 2023
AS Independent Research
AS Independent Research
Portuguese Economy
The FinMin released Friday evening the General Government figures regarding December 2022 and the full year.
January 19, 2023
António Seladas, CFA
António Seladas, CFA
Portugal November External Figures – Current Account deficit is consolidating around -1.7% of GDP
Summing up, the Current Account Balance is apparently consolidating around -1.7% of GDP, a median score; as the strong performance at the Services Account Balance, mainly due to Tourism, close to 6.5% of GDP
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